All North America articles – Page 14
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Karen Clark assesses tropical cyclones
New tool for insurers to measure likely wind damage caused by tropical storms
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Online onlyFlorida ‘lucky escape’ from Fay
The storm hit the Everglades causing minimal wind damage, main risk now is flooding, says RMS
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Florida prepares for Fay
Tropical Storm Fay threatens to become a hurricane with wind speeds approaching 120 km/h
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Online onlyUS officials sentenced for bribery
Two former government commissioners have been sentenced for a $1.4m kickback scandal
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Verizon settles with unions, avoids strike
Agreement includes fully-paid health care premiums for all active and retired employees
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Online onlyBroker arrested for selling fake policies
Victims were sold commercial general liability insurance without having a policy in place
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Online onlyCorrupt sales staff cost firm $30m
A US hardware company has agreed to pay restitution to clients who were given incentives to buy products at higher prices
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Online onlyMorgan Stanley downgraded on poor risk controls
Moody’s downgraded the investment bank by one notch
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UBS to return ARS money to investors
The SEC has reached an agreement with the Swiss bank to return $22bn to customers
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Online onlyConnecticut sues Countrywide over subprime loans
The state seeks restitution as well as fines for pushing unaffordable home loans
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Online onlySoft market continues despite lower earnings: RIMS
Heading into the hurricane season, average property premiums plummet, say North American risk managers
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Online onlyLawyers file class action against IndyMac
CEO and CFO misled shareholders about financial condition of the bank, alleges suit
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AnalysisFinally a settlement
Royal & Sun Alliance’s settlement with GM ends four years of bitter legal battles
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Online onlyConnecticut sues rating agencies
Moody’s, Fitch and S&P allegedly gave cities low ratings that cost taxpayers millions in bond insurance
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Online onlyApex Oil ordered to perform $150m cleanup
Company must remove soil and groundwater pollution from Hartford refinery
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Online only$8.8m fine proposed against Imperial Sugar
Proposed penalty follows safety violations leading to refinery explosion that killed 13, says OSHA
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Online onlyEliminate contingency fees: RIMS
The Society put its case forward for the elimination of certain broker compensation arrangements at a hearing in New York
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Online onlyOil spill disrupts shipping on Mississippi
Efforts to clean up an oil spill on the Mississippi river have led to a logjam of cargo ships and tankers
